With each generation, running errands online is becoming more and more important.

Statista, a leading provider of market and consumer data, shared some statistics about a “Retail Apocalypse” happening because of the e-commerce, and online shopping, especially in the apparel and electronic stores.

Statista refers to The Retail Performance Company, a company that studies and strategize company and customer relationships, with an article explaining that retail is not going out of business. “People are still buying in stores.”

Adding, “In our eyes, it is all about empowering store employees and training them on new technologies to create a first-class consumer experience.”

It explained that any retail business needs to use technology as an advantage, instead of blaming e-commerce.

With the new CEO, appointed last year, Benoit Lamonerie, Marka is hoping to achieve operational profitability as they said in a brief bourse statement “We believe that [Lamonerie’s] significant expertise and strong knowledge will be vital in leading the company through its next phase of business growth.”

The company’s chairman, Khaled Jassim Bin Kalban, said in a statement published by the Dubai Financial Market: “Over the past 12 months, Marka has focused its efforts on streamlining its structure, exiting unprofitable businesses and making the company ready for growth.

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